Quick Read

• Amazon (AMZN) earns a BUY with a $323 price target, offering 34% upside as AWS growth hits a 15-quarter high at 28%.

• Amazon’s Trainium chips threaten NVIDIA (NVDA) at a $20 billion run rate as Meta (META) commits 5 GW of AI compute to AWS.

• Even the bear case targets $279 with 16% upside, though $200 billion in CapEx and debt climbing to $119 billion pose real risks.

• Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Amazon didn’t make the cut. Grab the names FREE today.

My Amazon (NASDAQ:AMZN) call is straightforward. The 24/7 Wall St. price target for Amazon is $323.43 by July 2, 2027, and my base-case path has the stock crossing…